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PepsiCo Cuts U.S. Snack Prices Up to 15%

By Drooid · · How we work

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Story summary
  • PepsiCo cut suggested prices on major U.S. snack brands by up to 15%.
  • North American foods profit fell 8% in Q2 while revenue rose 6.4%.
  • International Beverage Franchise volume grew 5% in Q2.
  • Asia Pacific Foods volume rose 10% in Q2.
  • PepsiCo shares closed at $129.75 on September 18, a 52-week low.